Edge Capital Group LLC Sells 17,984 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Edge Capital Group LLC cut its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 4.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 420,078 shares of the company’s stock after selling 17,984 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for approximately 1.2% of Edge Capital Group LLC’s holdings, making the stock its 22nd largest position. Edge Capital Group LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $21,936,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IEMG. JPMorgan Chase & Co. lifted its position in iShares Core MSCI Emerging Markets ETF by 20.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock valued at $1,909,149,000 after acquiring an additional 5,631,725 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 8.5% during the 3rd quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock valued at $345,482,000 after buying an additional 471,879 shares during the period. Strategic Investment Management LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 139.6% during the 4th quarter. Strategic Investment Management LLC now owns 635,003 shares of the company’s stock valued at $33,160,000 after buying an additional 369,950 shares during the period. Citizens & Northern Corp bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at $18,363,000. Finally, Stairway Partners LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 9.2% during the 4th quarter. Stairway Partners LLC now owns 3,434,784 shares of the company’s stock valued at $179,364,000 after buying an additional 288,131 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA IEMG opened at $55.52 on Monday. The business’s fifty day moving average price is $53.13 and its 200-day moving average price is $54.51. The stock has a market capitalization of $82.17 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 1-year low of $49.47 and a 1-year high of $59.00.

iShares Core MSCI Emerging Markets ETF Profile

The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.